Monday, February 09, 2009

Insanity: "Stimulus" ultimate cost could be $9.7 TRILLION

At this point, I am only left to seriously wonder if the people who are supposed to be running the country, have any functional grasp at all of the value of numbers.

According to a story on Bloomberg.com, the total cost of all the bailouts that the U.S. House and Senate are pursuing with this "stimulus" package, is going to come out to, at least, $9.7 trillion.

Here it is for people who like to look at lots of zeroes...

$9,700,000,000,000

It's said to be enough to pay off 90% of all the homeowner mortgages in this country.

I'm going to paraphrase a line that I heard from a movie several years ago...

"The country is headed for trouble. The country is headed for grief."

No comments:

Monday, February 09, 2009

Insanity: "Stimulus" ultimate cost could be $9.7 TRILLION

At this point, I am only left to seriously wonder if the people who are supposed to be running the country, have any functional grasp at all of the value of numbers.

According to a story on Bloomberg.com, the total cost of all the bailouts that the U.S. House and Senate are pursuing with this "stimulus" package, is going to come out to, at least, $9.7 trillion.

Here it is for people who like to look at lots of zeroes...

$9,700,000,000,000

It's said to be enough to pay off 90% of all the homeowner mortgages in this country.

I'm going to paraphrase a line that I heard from a movie several years ago...

"The country is headed for trouble. The country is headed for grief."

No comments: